Home > > Global Industrial Control & Factory Automation Market Report
The Industrial Control & Factory Automation market was valued at $255,278.2 Million in 2023, and is projected to reach $406,783.6 Million by 2030 growing at a CAGR of 6.94% from 2024 to 2030. Distributed Control System segment is expected to be the highest contributor to this market, with $98,584.4 Million in 2023, and is anticipated to reach $151,739.3 Million by 2030, registering a CAGR of 6.41%. Systems Instrumented Systems segment is anticipated to reach $48,276.5 Million by 2030 with the highest CAGR of 8.77%. Distributed Control System and Supervisory Control & Data Acquisition System segments collectively expected to account for about 61.9% share of the Industrial Control & Factory Automation market in 2023, with the former constituting around 38.6% share. Systems Instrumented Systems and Programmable Logic Controller segments are expected to witness significant growth rates at a CAGR of 8.77% and 8.20% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 19.3% in the overall Industrial Control & Factory Automation market in 2023, and is anticipated to reach 21.4% by 2030. Control and Safety System Distributed Control System Supervisory Control & Data Acquisition System Manufacturing Execution System Systems Instrumented Systems Programmable Logic Controller Human Machine Interface Component Sensors Controllers Switches & Relays Industrial Robots Drives Other Components Industry Vertical Automotive Manufacturing Food & Beverage Oil & Gas Mining Other Industrial Verticals BY REGION North America U.s. Canada Europe Germany U.k. France Italy Spain Rest of Europe Asia China Japan South Korea India Indonesia Rest of Asia Middle East & Africa Brazil Mexico South Africa Turkey Rest of MENA